WaMu’s last days before siezure

Here is a very detailed inside look at the last days before WaMu was seized and sold in September 2008.

Chase employee steals from customer

Could this happen at any bank, or are Chase’s internal controls too lax? A Chase investment adviser is in jail after being accused of stealing a six figure sum from a clients account. (story)

WaMu lawsuits against Chase

Here is an interesting summary of all the lawsuits the former WaMu holding company has brought against JP Morgan Chase and the FDIC.

WaMu was a predatory company

A two part series in the Seattle Times about WaMu (part1 part2) calls WaMu a predatory company because of how much they pushed inappropriate mortgage products on consumers. Perhaps when speaking to Chase loan modification folks, mentioning the predatory nature of how YOUR loan was set up might make them a little more willing to work with you.

“Healing the wounds”

Not sure how much Chase paid for the positive spin to be added to this story in the Orlando Sentinel, but it says such humorously untruths as (with regards to the former WaMu branches):

“… Chase has been focused on stopping the bleeding, healing the wounds and restoring healthy growth to the former WaMu branches.”

From the stories we get, it would seem that Chase has been doing anything but trying to keep the former WaMu customers from leaving.

Does Chase look at YouTube?

Is YouTube the new way to communicate with your bank? (story)

Debtors Revolt

Oops! Chase went and raised the interest rate to an unconscionable 21.24% on a Ann Minch, who just happens to have fought a very public battle with Bank of America about the exact same thing (and won) and founded an organization called Debtors Revolt. Chase, perhaps you should be a little more sensitive about who not to annoy. (story)

Mediation before foreclosure in Nevada

If you live in Nevada, a new Nevada law lets you force your bank into mediation before they foreclose on you. Here is a story about one guy that did it to Chase.